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BHP iron ore workers vote to strike on July 18 at Port Hedland Source link

In some parts of the US, up to 30 percent of people may carry the antibody behind a red meat allergy spurred by tick bites, far exceeding the estimated number of people who actually have the allergy, according a study published in Morbidity and Mortality Weekly Report. The findings suggest far more Americans than previously thought may be at risk of the allergy, which can make having a hamburger for dinner a potentially life-threatening choice. The Centers for Disease Control and Prevention has previously estimated that only 0.14 percent of the US population (up to 450,000 people) has the allergy.…

Justice Elena Kagan and Justice Amy Coney Barrett.ReutersSupreme Court Justices Elena Kagan and Amy Coney Barrett are scheduled to testify next week to a House Appropriations subcommittee about the high court’s fiscal 2027 budget request, according to an agenda released Tuesday.Their testimony on July 14 will be the first time Supreme Court justices have testified to Congress since 2019, when Kagan and Samuel Alito testified about the court’s budget request to the House Appropriations Subcommittee on Financial Services and General Government. Kagan and Barrett will appear before the same panel. Kagan has served on the court since 2010, after her…

A car equipped with Momenta technology on display at the IAA Mobility show in Munich, Germany in September 2025.Arjun Kharpal | CNBCShares of Chinese autonomous driving firm Momenta rose 3% on its debut in Hong Kong at Wednesday’s market open. In a HK$5.89 billion ($751 million) initial public offering, Momenta priced its shares at HK $295.60, the company announced via its prospectus. It was recently trading at HK$304.The Suzhou-based self-driving company plans to use 60% of the net proceeds over the next five years to enhance its core technology, including its proprietary algorithms, automation toolchain, and its platform Momenta Mainline…

Investing.com — Apple Inc () is testing memory chips from Chinese state-backed ChangXin Memory Technologies (CXMT) for devices sold in China, a move that highlights the country’s growing capabilities in memory semiconductors despite ongoing U.S. technology restrictions, the Financial Times reported on Tuesday, citing people familiar with the matter. The report said Apple is also leading efforts among U.S. technology companies to persuade Washington to allow broader use of CXMT’s products, although the company has not yet committed to using the chips commercially. Track AI chipmakers, semiconductor stocks and supply chain trends with InvestingPro The interest marks a significant turnaround for…

PJM has also forecast that electricity demand in its territory will surpass available supply by 6.6 gigawatts starting in 2027, which the Wall Street Journal describes as equivalent to more than six nuclear power plants. No easy fixes Some US manufacturers have raised the prices paid by customers to partially offset their own rising electricity bills, or are even considering relocation of their businesses, Reuters reported. The Wall Street Journal highlighted warnings from steel industry executives that production outages could become more likely if local power grids are overwhelmed by demand. Such results would likely undercut the competitiveness and viability…

Reform UK Deputy leader Richard Tice has written to the boss of the National Crime Agency (NCA) asking if he will investigate whether the body is responsible for leaking his private financial information to the media.Payments made to his organisations were flagged to the NCA as part of its Suspicious Activity Reports programme, something Tice says he only became aware of when he was contacted by the Guardian newspaper.Reform UK believe the paper’s information is likely to have come from the NCA.A spokesperson for the agency said “The NCA does not confirm or deny the receipt of suspicious activity reports…

The S & P 500 could surpass 8,000 thanks to earnings power from Micron and other technology stocks, according to Trivariate Research. Adam Parker, the firm’s founder, said the consensus outlook for the broad index’s earnings per share in 2027 comes in at $401. Using a 20-times price-to-forward earnings multiple, the S & P 500 could hit 8,020, he said. At a 22-times multiple based on Trivariate’s earnings per share estimate of about $386, the benchmark could reach 8,492. Parker said that growth will be driven by the technology sector, which has already been credited with driving the stock market…

Oregon AG to ask court to order Paramount to comply with merger probe Source link

Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks are moving lower on Tuesday, led down by technology and momentum stocks. The S & P 500 and Nasdaq fell 0.70% and 1.5%, respectively. Semiconductor and memory names, including Advanced Micro , Broadcom , and Micron , are caught up in the sell-the-news trade after Samsung shares dropped after reporting preliminary second-quarter earnings Monday on concerns about AI infrastructure spending and demand. That’s pushing investors toward safer areas of the market, like healthcare…